Torvy
Super Member
^I think it's a both-and rather than either-or.
A 75 HP machine will be a PITA to work with between and around the trees.
You can get a 48-55HP machine, new for 30-35K and it will work for when you need to do some work for yourself. The capital expense can be depreciated against your income or taken as a one-time expense.
The other 60-70k can easily cover the costs for hiring out the big jobs. I like the idea above about investing the money and peel off earnings. As a retiree over 59.5, you can add the money to your IRA and just take out what you need while it earns. See a finance expert for details.
A 75 HP machine will be a PITA to work with between and around the trees.
You can get a 48-55HP machine, new for 30-35K and it will work for when you need to do some work for yourself. The capital expense can be depreciated against your income or taken as a one-time expense.
The other 60-70k can easily cover the costs for hiring out the big jobs. I like the idea above about investing the money and peel off earnings. As a retiree over 59.5, you can add the money to your IRA and just take out what you need while it earns. See a finance expert for details.
